Intercontinental Exchange Completes Acquisition of TMX Group’s Atrium

May 01, 2017 10:39 AM Eastern Daylight Time

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange (NYSE: ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, today announced it has completed its all-cash acquisition of
TMX Atrium, a global extranet and wireless information services
business, from TMX Group. The transaction was announced in February and
the terms of the agreement were not disclosed. The financial impact of
the transaction will be immaterial and was included in ICE’s financial
guidance for 2017.

Lynn Martin, President and COO of ICE Data Services said, “We’re excited
about the addition of Atrium to the portfolio of services offered
through ICE Data Services. As part of SFTI, Atrium will expand our
global offering and will add the lowest-latency connection between
Toronto and New York, a key hub for North American market participants.
We look forward to working with customers and offering access to market
information using low-latency, highly resilient connectivity from
trading venues around the world.”

Atrium provides low-latency access to markets and market data across 12
countries, more than 30 major trading venues, and ultra-low latency
wireless connectivity to access markets and market data in the Toronto,
New York and Chicago metro areas. With the completion of this
acquisition, Atrium will be integrated with the Secure Financial
Transaction Infrastructure (SFTI®), a highly resilient
private network offering comprehensive solutions. SFTI is part of ICE
Data Services’ Connectivity service, which offers a range of highly
secure, low-latency network options, global co-location, the SFTI Direct
Market Access network of over 150 venues, and 600 market data and news
feeds providing market information. In addition, it provides access to
450 normalized real-time market data feeds through the ICE
Consolidated Feed.

Atrium’s ultra-low latency wireless service will be offered alongside
SFTI Wireless, provided by Anova Technologies, which offers one of the
fastest access to markets and market data between ICE’s Mahwah data
center and other co-location facilities in Carteret and Secaucus, New
Jersey.

About Intercontinental Exchange

Intercontinental Exchange (NYSE:ICE) operates the leading network of
global futures, equity and equity options exchanges, as well as global
clearing and data services across financial and commodity markets. The
New York Stock Exchange is the world leader in capital raising, listings
and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange,
Interactive Data and Trayport. Information regarding additional
trademarks and intellectual property rights of Intercontinental
Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.

Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 -- Statements in this press release regarding ICE's business
that are not historical facts are “forward-looking statements” that
involve risks and uncertainties. For a discussion of additional risks
and uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE's Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE's Annual Report on Form 10-K for the year ended
December 31, 2016, as filed with the SEC on February 7, 2017.